Credit Cards in Japan

Credit Cards in Japan

Summary

Credit Cards in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • A credit card is a financial product provided by a bank or financial institution that enables the cardholder to borrow money up to an established credit limit for making purchases or withdrawing cash. The cardholder must repay the borrowed amount, either in full or over time, with interest and fees applied if the balance is not settled by the due date. The market scope covers the consumer credit cards market.
  • The Japanese credit cards sector recorded balances outstanding of $119.7 billion in 2023, representing a compound annual growth rate (CAGR) of 7.7% between 2018 and 2023.
  • Sector consumption volume increased with a CAGR of 10.7% between 2018 and 2023, to reach a total of 20.1 billion number of credit card transactions in 2023.
  • The Japanese credit card sector has experienced significant growth in 2023, driven by various factors. Key contributors to this expansion include a strong and growing economy, increasing consumer spending, and attractive reward programs. According to the Cabinet Office, Japan), the consumer confidence index in Japan reached 37.1 in July 2023, up from 30.2 in July 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the credit cards market in Japan
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in Japan
  • Leading company profiles reveal details of key credit cards market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Japan credit cards market with five year forecasts
Reasons to Buy
  • What was the size of the Japan credit cards market by value in 2023?
  • What will be the size of the Japan credit cards market in 2028?
  • What factors are affecting the strength of competition in the Japan credit cards market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Japan's credit cards market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. Mizuho Financial Group Inc
8.2. Rakuten General Insurance Co Ltd
8.3. Mitsubishi UFJ Financial Group Inc
8.4. Sumitomo Mitsui Card Company Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Japan credit cards market value: $ billion, 2018-23
Table 2: Japan credit cards market volume: million number of credit card transactions, 2018-23
Table 3: Japan credit cards market geography segmentation: $ billion, 2023
Table 4: Japan credit cards market value forecast: $ billion, 2023-28
Table 5: Japan credit cards market volume forecast: million number of credit card transactions, 2023-28
Table 6: Mizuho Financial Group Inc: Key Facts
Table 7: Mizuho Financial Group Inc: Annual Financial Ratios
Table 8: Mizuho Financial Group Inc: Key Employees
Table 9: Mizuho Financial Group Inc: Key Employees Continued
Table 10: Rakuten General Insurance Co Ltd: Key Facts
Table 11: Rakuten General Insurance Co Ltd: Key Employees
Table 12: Mitsubishi UFJ Financial Group Inc: Key Facts
Table 13: Mitsubishi UFJ Financial Group Inc: Annual Financial Ratios
Table 14: Mitsubishi UFJ Financial Group Inc: Key Employees
Table 15: Mitsubishi UFJ Financial Group Inc: Key Employees Continued
Table 16: Sumitomo Mitsui Card Company Ltd: Key Facts
Table 17: Sumitomo Mitsui Card Company Ltd: Key Employees
Table 18: Japan Size of Population (million), 2019-23
Table 19: Japan Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 20: Japan GDP (Current Prices, $ Billion), 2019-23
Table 21: Japan Inflation, 2019-23
Table 22: Japan Consumer Price Index (Absolute), 2019-23
Table 23: Japan Exchange Rate, 2018-23
List of Figures
Figure 1: Japan credit cards market value: $ billion, 2018-23
Figure 2: Japan credit cards market volume: million number of credit card transactions, 2018-23
Figure 3: Japan credit cards market geography segmentation: % share, by value, 2023
Figure 4: Japan credit cards market value forecast: $ billion, 2023-28
Figure 5: Japan credit cards market volume forecast: million number of credit card transactions, 2023-28
Figure 6: Forces driving competition in the credit cards market in Japan, 2023
Figure 7: Drivers of buyer power in the credit cards market in Japan, 2023
Figure 8: Drivers of supplier power in the credit cards market in Japan, 2023
Figure 9: Factors influencing the likelihood of new entrants in the credit cards market in Japan, 2023
Figure 10: Factors influencing the threat of substitutes in the credit cards market in Japan, 2023
Figure 11: Drivers of degree of rivalry in the credit cards market in Japan, 2023

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